Suncorp sells banking arm to ANZ for US$3.34bn
July 18 2022 by Andrew Tjaardstra
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AUB targets New Zealand expansion through equity partnership with Northco
- July 16
Northco’s management will retain a significant shareholding "to continue to adopt an entrepreneurial focus for the business".
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Great Eastern privatisation deal falls short of compulsory acquisition threshold
- July 13
Trading in Great Eastern shares will be suspended after OCBC failed to garner enough shares from minority shareholders, putting the take-private bid and the insurer's listing status in a stalemate.
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Easing hard market cycle shifts carriers’ focus to APAC M&A, tech megatrends
- July 9
More (re)insurers are riding on new tech trends to profit from over US$200bn premium potential, as there is also a growing interest in M&A opportunities in the region, according to Aon’s strategy and technology group.
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Minority shareholder of Chubb-backed Huatai Insurance puts US$10m stake up for sale
- July 5
State-owned China General Nuclear Power Group is selling its 0.16% stake in the Beijing-based insurer, as Chubb gradually raised its ownership to 85.53% this year.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
